Correlation Between Ladenburg Aggressive and Total Return
Can any of the company-specific risk be diversified away by investing in both Ladenburg Aggressive and Total Return at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Ladenburg Aggressive and Total Return into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Ladenburg Aggressive Growth and Total Return Fund, you can compare the effects of market volatilities on Ladenburg Aggressive and Total Return and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Ladenburg Aggressive with a short position of Total Return. Check out your portfolio center. Please also check ongoing floating volatility patterns of Ladenburg Aggressive and Total Return.
Diversification Opportunities for Ladenburg Aggressive and Total Return
0.84 | Correlation Coefficient |
Very poor diversification
The 3 months correlation between Ladenburg and Total is 0.84. Overlapping area represents the amount of risk that can be diversified away by holding Ladenburg Aggressive Growth and Total Return Fund in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Total Return and Ladenburg Aggressive is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Ladenburg Aggressive Growth are associated (or correlated) with Total Return. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Total Return has no effect on the direction of Ladenburg Aggressive i.e., Ladenburg Aggressive and Total Return go up and down completely randomly.
Pair Corralation between Ladenburg Aggressive and Total Return
Assuming the 90 days horizon Ladenburg Aggressive Growth is expected to generate 2.07 times more return on investment than Total Return. However, Ladenburg Aggressive is 2.07 times more volatile than Total Return Fund. It trades about 0.2 of its potential returns per unit of risk. Total Return Fund is currently generating about 0.22 per unit of risk. If you would invest 1,865 in Ladenburg Aggressive Growth on June 7, 2025 and sell it today you would earn a total of 137.00 from holding Ladenburg Aggressive Growth or generate 7.35% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
Ladenburg Aggressive Growth vs. Total Return Fund
Performance |
| Timeline |
| Ladenburg Aggressive |
| Total Return |
Ladenburg Aggressive and Total Return Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Ladenburg Aggressive and Total Return
The main advantage of trading using opposite Ladenburg Aggressive and Total Return positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Ladenburg Aggressive position performs unexpectedly, Total Return can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Total Return will offset losses from the drop in Total Return's long position.| Ladenburg Aggressive vs. Iaadx | Ladenburg Aggressive vs. Fbanjx | Ladenburg Aggressive vs. Ips Strategic Capital | Ladenburg Aggressive vs. Flkypx |
| Total Return vs. Calvert Short Duration | Total Return vs. Vanguard Short Term Government | Total Return vs. Westwood Short Duration | Total Return vs. Dreyfus Short Intermediate |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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